Item for research and development time entry

OLAChristina

What type of sales account should an item related to R&D have?

should it be coded as a special sale account under expenses or should it be under sales and wages?

Thanks!

Datarec

How R&D is treated may depend on the type of organisation and the nature of the R&D being tracked.

Typically classified as expenses and not income.

This may require a conversation with your accountant or adviser.

https://www.investopedia.com/terms/r/research-and-development-expenses.asp